Exela Technologies Names Lakshmi Narayanan Chandramohan to President, Bills and Payments
June 14, 2022 at 08:30 am EDT
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Exela Technologies, Inc. names Lakshmi Narayanan Chandramohan to President, Bills and Payments. In his role, Lakshmi will be responsible for financial institutions within Exela's Exchange for Bills and Payments (XBP). XBP is the larger revenue contributor in the ITPS accounting segment. Lakshmi will continue to bring Exela's value proposition to financial institutions across the Americas while collaborating with others in the organization to expand business across industry verticals.
Financial institutions around the world face mounting pressure from new competitors, disruptive technologies, an aging legacy infrastructure, and burdensome regulatory requirements. This rapidly evolving landscape requires heightened focus on operational efficiency, digital enablement, business continuity planning, and an improved customer experience. Exela's XBP solutions enable customers to leverage a single platform augmenting Exela's automation technology that drives down costs, improves accuracy, consolidates data and improves cycle time. Lakshmi brings 27 years of experience to Exela and has been with Exela for over 10 years in various roles of increasing responsibility. Lakshmi has also been responsible for facilitating the growth in the financial institutions space. Lakshmi is a Six Sigma Master Black Belt with a Masters in Statistics and a SAS Certified Professional.
Exela Technologies, Inc. is a provider of transaction processing solutions, enterprise information management, document management and digital business process services. Its segments include Information & Transaction Processing Solutions (ITPS), Healthcare Solutions (HS) and Legal & Loss Prevention Services (LLPS). ITPS provides industry-specific solutions for banking and financial services, including lending solutions for mortgages and auto loans, and banking solutions for clearing, anti-money laundering, sanctions, and interbank cross-border settlement; property and casualty insurance solutions for origination enrollments, claims processing, and benefits administration communication, among others. HS offerings include revenue cycle solutions, integrated accounts payable and accounts receivable, and information management for both the healthcare payer and provider markets. LLPS solutions include processing of legal claims for class action and mass action settlement administrations.